Navigators Unveils NAV PAC

The Navigators Group Inc. announced that the Middle Markets division of its principal underwriting subsidiary, Navigators Management Company, has been rebranded and will now be known as NAV PAC.

The NAV PAC division focuses on commercial multi-peril accounts produced by a select group of retail independent insurance agents and delivers specialized multi-line products to retail agents in various pockets of the United States.

Jim Caragher, who recently joined Navigators as president of the NAV PAC division, commented, "The term Middle Markets causes some confusion among retail agents about the types and sizes of accounts Navigators underwrites. As we expand the division beyond the upper Midwest, we needed a name that conveys our unique, specialist orientation. NAV PAC will enable us to create a distinctive, memorable brand with retail agents for admitted business."

Navigators launched the Middle Markets operation in 2002. Under the leadership of Paul Navarro, the Schaumburg, Illinois-based team has built agency relationships and become recognized as a leading underwriter of commercial package insurance for a select group of midwest retail insurance agents. The company will expand its geographic footprint with the addition of its NAV PAC eastern regional office recently opened in Parisppany, New Jersey. Business is underwritten by Navigators Insurance Company, which is rated "A" (Excellent) by A.M. Best.